Get Approved at The Lowest Rate
Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Sullivan City, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sullivan City, TX provides a financial boost to eligible homebuyers in Sullivan City, TX, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Sullivan City, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sullivan City, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sullivan City, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in Sullivan City, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in Sullivan City, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sullivan City, TX.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in Sullivan City, TX. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.
Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Sullivan City, TX and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
An FHA down payment assistance home loan in Sullivan City, Texas can provide individuals with a lower down payment requirement, making homeownership more attainable. This type of loan also offers competitive interest rates, making it an affordable option for first-time homebuyers. Additionally, FHA loans are known for their flexibility in credit score requirements, allowing individuals with less than perfect credit to qualify for a home loan. This can be particularly beneficial for individuals looking to build their credit while also becoming homeowners in Sullivan City. Furthermore, FHA loans often come with lower closing costs compared to traditional loans, which can help individuals save money during the home buying process in Sullivan City, Texas. Demographics Sullivan City, Texas, is a diverse community with a population that includes a mix of Hispanic, White, and other ethnicities. The median household income in Sullivan City is around the national average. Housing Market The housing market in Sullivan City, Texas, offers a range of affordable options for homebuyers, including single-family homes and apartments. The market is relatively stable, with moderate appreciation rates in recent years. Main Attractions Sullivan City is situated near the Rio Grande River, offering residents access to outdoor activities such as fishing, hiking, and birdwatching. The city also boasts cultural attractions, including local festivals and events that celebrate the area's rich history.
Benefits of FHA Down Payment Assistance Home Loan in Sullivan City, Texas
